i-flex close to signing deal with IMF

By siliconindia   |   Wednesday, 11 September 2002, 19:30 IST
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BANGALORE: i-flex Solutions seems to be finding everything in place after the recent order from US Dept. The company said on Monday that it is now in the final stages of discussions with the IMF for the implementation of its banking solution called Flexcube. NRK Raman, senior vice-president - global sales, i-flex, told a group of analysts on the sidelines of the company’s first annual general meeting (AGM) after its initial public offering. On September 4, the company announced that its US subsidiary, i-flex solutions Inc, had bagged an order from North Carolina Department of State Treasurer (NCDST), US, to replace its core banking system with Flexcube following competitive bidding. Flexcube is the flagship banking solution of the integrated IT solutions firm.